Morgan Stanley Maintains Overweight on Blackstone, Raises Price Target to $177
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys has maintained an Overweight rating on Blackstone (NYSE:BX) and raised the price target from $164 to $177.
October 10, 2024 | 4:31 pm
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POSITIVE IMPACT
Morgan Stanley has reaffirmed its positive outlook on Blackstone by maintaining an Overweight rating and increasing the price target from $164 to $177, indicating confidence in the company's future performance.
The increase in price target from $164 to $177 by Morgan Stanley suggests a positive outlook on Blackstone's future performance. The Overweight rating indicates that the analyst expects Blackstone to outperform its peers, which is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100